Capital One has agreed to a substantial settlement to resolve a class action lawsuit, committing to pay $425 million to its customers. This compensation targets 360 Savings account holders who ...

The settlement is a result of allegations raised in both a 2024 Consumer Financial Protection Bureau (CFPB) lawsuit and a separate class action. The claims are that Capital One kept interest rates for ...

The lawsuit alleges the bank deceptively marketed the older account as “high interest” and “one of the nation’s best,” while ...